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PAC Seeks Privatisation Delay Over Rs624 Billion Unvalued Assets

11-Nov-2026
The Public Accounts Committee (PAC) has recommended postponing the planned January privatisation of government-owned electricity companies after an audit disclosed that fixed assets valued at Rs624.47...
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PAC Seeks Privatisation Delay Over Rs624 Billion Unvalued Assets

Petrol Falls to Rs338, Diesel to Rs371 Per Litre

11-Nov-2026
ISLAMABAD: The federal government has announced a reduction of Rs8 per litre in petrol prices and Rs7 per litre in high-speed diesel (HSD), setting the updated rates at Rs338 and Rs371 per litre, resp...
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Petrol Falls to Rs338, Diesel to Rs371 Per Litre

Punjab Probes 11 Officials Over 4,000 Allegedly Fraudulent Vehicle Transfers

11-Nov-2026
LAHORE: The Punjab Excise, Taxation and Narcotics Control Department has initiated disciplinary proceedings against 11 currently serving employees following allegations that over 4,000 vehicles were f...
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Punjab Probes 11 Officials Over 4,000 Allegedly Fraudulent Vehicle Transfers

PHC Bars FED on Tobacco Without GLT Processing

10-Nov-2026
The Peshawar High Court (PHC) has determined that Federal Excise Duty (FED) cannot be charged on green leaf or hand-stemmed tobacco unless the material has first been processed at a Green Leaf Threshi...
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PHC Bars FED on Tobacco Without GLT Processing

FBR Raises Minimum Steel Scrap Valuation From 55% to 60%

10-Nov-2026
The Federal Board of Revenue (FBR) has raised the prescribed minimum valuation for certain remeltable iron and steel scrap from 55% to 60% of the reference price of steel bars when determining sales t...
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FBR Raises Minimum Steel Scrap Valuation From 55% to 60%

Shippo Faces Rs117 Million Customs Case; Factory Fire Erupts

10-Nov-2026
Pakistan Customs has initiated legal action against Shippo Private Limited, an industrial enterprise based in the Export Processing Zone (EPZ) Risalpur, after an official audit revealed a major invent...
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Shippo Faces Rs117 Million Customs Case; Factory Fire Erupts

FIA Arrests Three Over Fake Atlas Honda Products

10-Nov-2026
The Federal Investigation Agency (FIA) has taken three individuals into custody following a raid on a suspected counterfeit production unit in Karachi's SITE industrial area, over alleged violations o...
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FIA Arrests Three Over Fake Atlas Honda Products

Petrol Falls to Rs346, Diesel to Rs378 Per Litre

07-Nov-2026
Petrol Price Reduced to Rs346, Diesel to Rs378 Per LitreThe government has reduced petrol prices by Rs6.59 per litre to Rs346, while high-speed diesel (HSD) has become cheaper by Rs4.25 to Rs378 per l...
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Petrol Falls to Rs346, Diesel to Rs378 Per Litre

PCRWR Flags 27 Unsafe Water Brands After Lab Tests

07-Nov-2026
PCRWR Declares 27 Bottled Water Brands Unsafe After Laboratory TestsISLAMABAD: The Pakistan Council of Research in Water Resources (PCRWR) has declared 27 bottled and mineral water brands unsafe for h...
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PCRWR Flags 27 Unsafe Water Brands After Lab Tests

FBR Plans Complete Super Tax Abolition Through Phased Cuts

06-Nov-2026
Government Plans Phased Elimination of Super Tax, Says FBR ChairmanThe government plans to completely eliminate the super tax through a phased process, Federal Board of Revenue (FBR) Chairman Rashid M...
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FBR Plans Complete Super Tax Abolition Through Phased Cuts
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